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Axis of Evil

May 03, 2011 3:43am

When you are the dealer in a bar room tournament, are three handed, and have a player in a huge decision for all of his chips and also crushed, don't try to gather up the cards for the super slow old man who is next to deal in order to get him started and in the meantime muck your own cards in the process. I did this tonight. I still won the game eventually instead of much sooner, but I know I lost a year off of my life because of the stress. Yeah, I forgot the card protector tonight.

In the early stages of multi-table tournaments, you should generally make any play that produces a positive cEV situation, because the payout structure in most MTTs is top heavy and you should be looking to find spots that yield a positive expectation in order to accumulate chips.

In Sit and Go tournaments or when you are deep in the money in a MTT, $EV and ICM calculations are far more important and it is sometimes correct to fold in a spot where calling would produce a marginally positive cEV, due to the lost real dollar equity in risky situations where you may bust before shorter stacks.

In a winner take all shootout tournament, your cEV is the same as your $EV at your starting table since you need to accumulate all of the chips in play in order to progress to the next round. This means that independent chip modelling calculations are irrelevant until you are in the money during shootout tournaments because each chip you win is not worth less than the previous one in your stack at your opening table because the entire prize pool for the first table is effectively awarded to the first placed finisher at your starting table since only one player progresses to the next table.